AM-17-25 1.2 Million B/D Margin Improvement Opportunity at U. S. Refineries

Description:

Experiences at a refinery and fertilizer plant suggest as much as a 1.2 million Barrel per Calendar Day (B/CD) improvement opportunity at the 139 operating U.S. refineries. In 2016, EIA (Energy Information Administration) data for operating capacity showed a range of 200 to 80,000 between Barrels per Stream Day (B/SD) and B/CD at these refineries. At a ten dollar margin per barrel, eliminating this gap would produce a range of annual margin improvement between $730,000 and $292 million.